However, all vehicles must be insured if they are operated on Arizona streets or highways. A minor cannot enter into a binding contract and, thus, insurance companies will not enter into a contract with a minor to insure a vehicle. MVD advises us that some insurance companies will cover the vehicle by entering into a contract with a person who is not the owner, thus, a minor/owner might be able to have their car insured if the parent entered into the insurance contract for them.

Another option is Arizona Revised Statute 28-4084 which allows a $40,000.00 certificate of deposit to be posted to cover the financial responsibility requirements rather than having an insurance policy to insure the vehicle. There is no age limit for depositing the certificate of deposit in lieu of insurance.